00:01    |    
Initial credits
00:06    |    
01:24    |    
Arguments on the scarcity of resources
01:49    |    
Eco-hysterics' argument 
Oil situation
03:48    |    
Classification of resources
05:52    |    
Quotes George Reisman
07:00    |    
Fallacious statement
09:30    |    
Demand of resources
11:39    |    
Production of resources
12:22    |    
Calorie intake
14:49    |    
Global inequalities
17:20    |    
Definition of scarcity
19:20    |    
22:11    |    
Economic role
23:25    |    
Arguments on the deprivation of freedom
24:04    |    
Myth of Gyges
26:33    |    
Original sin
27:37    |    
Predation tendency
29:13    |    
Social responsiveness
31:10    |    
Internal problem
32:22    |    
34:55    |    
Free market rules
36:57    |    
Human superiority
39:43    |    
Limited freedom
41:58    |    
Quotes Slouching towards Gomorrah: Modern Liberalism and American Decline, Robert H. Bork
43:32    |    
Quotes Capitalism Today, Irving Kristol
43:59    |    
Final words
44:11    |    
Final credits




On the Best Arguments Against Free Market Capitalism (Part II)

05 de noviembre de 2011   | Vistas: 11 |   Capitalism Distribution Entrepreneurship Ethics

On the second part of this conference, Stephen Hicks presents two more arguments commonly used against free market capitalism. He starts by introducing the idea of scarcity, focusing primarily on the natural resources available on earth. He describes erroneous perceptions concerning this topic and develops this issue through a capitalist scope, inclined towards production instead of consumption. The second argument refers to society's deprivation of freedom. Hicks elaborates on the Myth of Gyges to illustrate this misguided belief and discusses the role that the social structure has on individuals, as well as internal factors that somehow, limit their range of action, among others.

Stephen Hicks is professor of philosophy and executive director of the Center for Ethics and Entrepreneurship at Rockford College. He…


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Universidad Francisco Marroquín